1. Businesses
  2. Retail/Wholesale
  3. Uttar Pradesh
  4. Kanpur
  5. SL004852
Edit Alert

Profitable Online Business Selling High End Bicycles Available for Sale.

Listing ID: SL004852
Posted By: Owner
Last Active: 1+ year ago
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About Business

This Sole proprietorship business is operational since 2014. They sell Branded High-End Bicycles & Bicycle Accessories online through their website. The corporate office is based in Kanpur.
Brands: Ferrari, Lamborghini, Circuit E-Bikes, and Cruiser.
Accessories:Bag, Bottles, Helmets, Wrapping Bag, Hanging Bag, Gloves, Lock, Tool Kit, Saddle Bag, Knapsack, Torch, Circuit Light, Circuit TailLight, Spoke Light, Torch Bracket.
They import the bicycles & accessories from UAE and sell it online in India. They have around 50 customers to date.
The Turnover for the FY 2017-18 was INR 25 lakhs with a net profit of INR 10 lakhs. Asking Price is INR 25 lakhs (asking price includes the website, 23 bicycles, and accessories). Breakdown - Website INR 2 lakhs, Bicycles INR 42 lakhs, Accessories INR 4 lakhs. The promoter will help the acquirer in getting prospective buyers data, import data, business growth.

Reason

Management decision.

Keywords

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Business Tags

Quality Products with Brand name Wide range of Products

₹10 to ₹200 Cr

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    • Will the clients continue with the business after the acquisition?

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